|
|
|
Halliburton Alliance Awarded Integrated Service Contract Offshore Caspian Sea In Turkmenistan
HOUSTON, Texas - Halliburton has received a Letter of Intent from Petronas Carigali (Turkmenistan) SDN. BHD. to provide integrated drilling services for an exploration and appraisal program in the Caspian Sea beginning in late 1997.
Halliburton, in conjunction with alliance partners, Dresser Industries and Western Atlas, will provide a combination of 10 services. Halliburton will be the lead contractor and project manager in addition to providing technical services. The value of the award is estimated to be U.S. $30 million for the total project.
"This major new award will expand and solidify the HES presence in the Eastern Caspian and position the company well for both upstream and downstream projects which are rapidly developing in this emerging market," said Zeke Zeringue, president, Halliburton Energy Services.
Halliburton Energy Services has been providing a variety of services in Turkmenistan for the past five years.
Halliburton Company (NYSE:HAL) is one of the world’s largest diversified energy services, engineering, maintenance, and construction companies. Founded in 1919, Halliburton provides a broad range of energy service and products, industrial and marine engineering and construction services. Halliburton Energy Services, a subsidiary, is a leading supplier of products, services and integrated solutions to the energy industry.
Contact
Cindy Viktorin
(p) 713.676.7125
| |
|
